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Business Lending Specialist​/Junior Loan Officer

Job in New York, New York County, New York, 10261, USA
Listing for: Polish & Slavic Federal Credit Union
Full Time position
Listed on 2025-12-02
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Loan Officer, Banking & Finance, Credit Analyst
Salary/Wage Range or Industry Benchmark: 47478 - 91492 USD Yearly USD 47478.00 91492.00 YEAR
Job Description & How to Apply Below
Position: Business Lending Specialist/ Junior Loan Officer
Location: New York

Business Lending Specialist/ Junior Loan Officer

Join Polish & Slavic Federal Credit Union as a Business Lending Specialist/ Junior Loan Officer.

Description

Polish & Slavic Federal Credit Union offers a competitive benefits package, including Medical, Vision, and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement, and Pet Insurance. The credit union also provides a generous Paid Time Off policy, including Vacation, Personal, and Sick Time, as well as a Birthday Day off.

Job Details

Polish & Slavic Federal Credit Union is committed to supporting employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, including Medical, Vision, and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement, and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy, including Vacation, Personal, and Sick Time, as well as a Birthday Day off.

Core Responsibilities

  • Obtain required financial information and underwrite the credit by performing the appropriate level of analysis to evaluate the overall credit worthiness of the member.
  • Process R/E loan applications, obtain 3rd party reports, appraisals, environmental assessments, and flood hazard certificates.
  • Prepare credit recommendations and approve loans within the approved lending limit, resulting in well-documented and fundamentally sound credit decisions.
  • Prepare loan documents, obtain all executed required legal documents, and close the loan.
  • Assist the Portfolio Manager in the performance of annual credit reviews and reassessment of credit risk.
  • Process/underwrite/approve non-R/E credit applications.
  • Answer MBL inquiries, resolve complaints, and member issues.
  • Assist members with loan applications and documentation completion.
  • Prepare and maintain accurate monthly Loan Application pipeline.

Requirements

  • Minimum 3 years’ experience in business credit analysis, workflow organization, and processing.
  • Comprehensive knowledge of commercial and business lending, with completion of formal commercial loan analysis education on the evaluation of financial statements and tax returns, or prior work experience.

Pay: $47,478.50 - $91,492.17 per year

AN EQUAL OPPORTUNITY EMPLOYER

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